The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is option a: Everyone who must pay state income tax.
<h3 /><h3>What are Income tax in the United States?</h3>
Income taxes in the United States is known to be a kind of a tax that is often imposed by the federal government, as well as a lot of states.
Note that the income taxes are said to be set by applying a tax rate as income increases, and as such,
Therefore, The person that benefits from deducting the amount paid in state income tax from their income for purposes of computing federal income tax is option a: Everyone who must pay state income tax.
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Hey there!
the answer is
A credit to Employee Bonus Payable, $5,000
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OFFICIALLYSAVAGE2003
Answer:
1. Lower the interest rates in the economy.
2. Increase asset prices
Explanation:
Remember, increase in money supply looks at the total money made available in circulation in an economy. Alternatively it is called liquidation.
The real of an economy takes into consideration the impact of inflation on the value of goods and services produced in an economy.
Therefore lower interest rates as a result of increase in money supply would results in more consumption and borrowing.
While the price of houses, stocks would rise because of the increased money supply.
Answer: 20,000 pounds of CO₂
Explanation:
30 mpg car.
Number of gallons of gasoline used:
= 60,000 / 30
= 2,000 gallons
CO₂ released = 2,000 * 20
= 40,000 pounds
20 mpg car
Number of gallons used:
= 60,000 / 20
= 3,000 gallons
CO₂ released = 3,000 * 20
= 60,000 pounds
Difference:
= 60,000 - 40,000
= 20,000 pounds of CO₂